CALGARY, AB, Aug. 19, 2024 /PRNewswire/ – Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge (NYSE:) or the Firm) introduced right this moment that 1,502,775 of its excellent Cumulative Redeemable Desire Shares, Sequence 3 (Sequence 3 Shares) had been tendered for conversion, on a one-for-one foundation, into Cumulative Redeemable Desire Shares, Sequence 4 of Enbridge (Sequence 4 Shares), efficient on September 1, 2024. Consequently, on September 1, 2024, Enbridge may have 22,497,225 Sequence 3 Shares and 1,502,775 Sequence 4 Shares issued and excellent.
The Sequence 3 Shares will proceed to be listed on the Toronto Inventory Trade (TSX) underneath the image ENB.PR.Y. The TSX has conditionally accredited the itemizing of the Sequence 4 Shares efficient upon conversion. The Sequence 4 Shares will start buying and selling on the TSX on September 3, 2024, topic to the success of all of the itemizing necessities of the TSX.
Ahead-Wanting Statements
Ahead-looking data, or forward-looking statements, have been included on this information launch to offer details about Enbridge, together with statements with respect to the conversion of a part of the Sequence 3 Shares into Sequence 4 Shares on September 1, 2024 and the itemizing of the Sequence 4 Shares on the TSX. This data will not be applicable for different functions. Though Enbridge believes these forward-looking statements are cheap primarily based on the knowledge out there on the date such statements are made and on processes used to arrange the knowledge, such statements are usually not ensures of future occasions and readers are cautioned towards inserting undue reliance on forward-looking statements. By their nature, these statements contain a wide range of assumptions, identified and unknown dangers and uncertainties and different components, which can trigger precise occasions to vary materially from these expressed or implied by such statements.
Enbridge‘s forward-looking statements are topic to dangers and uncertainties, together with, however not restricted to these dangers and uncertainties mentioned on this information launch and within the Firm’s different filings with Canadian and United States securities regulators. The impression of anyone threat, uncertainty or issue on a selected forward-looking assertion will not be determinable with certainty as these are interdependent and Enbridge‘s future plan of action is determined by administration’s evaluation of all data out there on the related time. Besides to the extent required by relevant regulation, Enbridge assumes no obligation to publicly replace or revise any forward-looking statements made on this information launch or in any other case, whether or not because of new data, future occasions or in any other case. All subsequent forward-looking statements, whether or not written or oral, attributable to Enbridge or individuals appearing on its behalf, are expressly certified of their entirety by these cautionary statements.
About Enbridge Inc.
At Enbridge, we safely join hundreds of thousands of individuals to the power they depend on every single day, fueling high quality of life by means of our North American , oil and renewable energy networks and our rising European offshore wind portfolio. We’re investing in fashionable power supply infrastructure to maintain entry to safe, inexpensive power and constructing on greater than a century of working typical power infrastructure and 20 years of expertise in renewable energy. We’re advancing new applied sciences together with hydrogen, renewable pure gasoline, carbon seize and storage. Headquartered in Calgary, Alberta, Enbridge‘s frequent shares commerce underneath the image ENB on the Toronto (TSX) and New York (NYSE) inventory exchanges. To study extra, go to us at enbridge.com.
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